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Use an Agent to Set the Price

If you plan to work with a listing agent, chose one familiar with your area that has a track record. A good agent

will provide an honest assessment of your home's value. When deciding an agent and sales plan, consider the

current market and your home's salable assets as well.

Comparative Market Analysis

A comparative market analysis should take into account repairs, improvements, and annual costs (such as

property taxes) of your home, in addition to its size, features, and amenities. Expect to get an analysis of

recently comparable homes sold in the neighborhood, as well as a list of equivalent homes currently for sale.

When you receive the analysis, break down the home comparisons to square footage. It will allow you to

analyze how accurate the CMA estimate is.

One Step Further

If you want confirmation of the list price you have in mind, get a pre-sale appraisal. Appraisers use comparable

sales in addition to other information to make their determinations. The appraisal will cost between $250 to

$500 dollars... (Continued)

Posted Friday Mar 07